v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,969,250 $ 1,283,282
Accounts receivable, net 345,439 628,386
Due from factor, net 590,253 839,400
Inventory 4,926,094 5,225,282
Prepaid expenses and other current assets 1,071,330 853,044
Total current assets 8,902,366 8,829,394
Property, equipment and software, net 71,803 76,657
Goodwill 10,103,812 10,103,812
Intangible assets, net 13,473,151 14,427,503
Deposits 110,962 198,341
Right of use asset 467,738 102,349
Total assets 33,129,832 33,738,056
Current liabilities:    
Accounts payable 7,671,050 8,098,165
Accrued expenses and other liabilities 4,921,970 4,457,115
Deferred revenue 317,421 202,129
Due to related parties 452,055 556,225
Contingent consideration liability 12,098,475 12,098,475
Convertible note payable, net 100,000 2,721,800
Accrued interest payable 1,780,535 1,561,795
Note payable - related party 129,489 129,489
Loan payable, current 1,329,507 1,966,250
Promissory note payable, net 10,914,831 9,000,000
Right of use liability, current portion 425,654 102,349
Total current liabilities 40,140,987 40,893,792
Loans payable, net of current portion 798,759 297,438
Right of use liability 53,107  
Total liabilities 40,992,853 41,191,230
Commitments and contingencies
Stockholders' deficit:    
Additional paid-in capital 102,020,045 96,293,694
Accumulated deficit (109,883,665) (103,747,316)
Total stockholders' deficit (7,863,021) (7,453,174)
Total liabilities and stockholders' deficit 33,129,832 33,738,056
Undesignated preferred stock    
Stockholders' deficit:    
Preferred stock
Series A preferred stock    
Stockholders' deficit:    
Preferred stock
Series A Convertible Preferred Stock    
Stockholders' deficit:    
Preferred stock 1 1
Common stock    
Stockholders' deficit:    
Common stock, $0.0001 par, 1,000,000,000 shares authorized, 5,746,079 and 4,468,939 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively $ 598 $ 447